💦What is a Pi Pool?

Learn what Pi Pools are and how they play a crucial role in our staking ecosystem.

A Pi Pool represents a validator that is jointly funded equally by PLS contributed by the Pi Pool operator and PLS matched from Project Pi's liquid staking deposit pool. Thanks to Pi Pool design architecture, users can become validators on the PulseChain network with nearly half the usual PLS requirement.

For the borrowed PLS, the Pi Pool operator needs to provide collateral in terms of PPY, which is the Project Pi's protocol token, at least 25% of the amount of the borrowed PLS. In return, Project Pi distributes PPY rewards to the Pi Pool operators based on their staked PPY as insurance, up to a maximum of 150% of the borrowed PLS's value.

Benefits

• Lower Entry Costs: Pi Pools lower the financial barriers to becoming a validator, requiring significantly less PLS and simplifying the process with tools like the One-Click launcher.

• Simplified Validator Launch Options: Pi Pools support a One-Click Launcher for users with no coding experience, making it possible to launch a validator effortlessly. For advanced users seeking more control, a Manual Launcher is available, allowing them to customize and run their own nodes.

• Enhanced Yield Opportunities: Pi Pool operators not only earn from native validator yields and PPY staking rewards but also receive additional incentives from subnet projects for validating their subnets alongside the PulseChain mainnet.

• Validator Networking and Incentives: Pi Pools not only simplify the process for subnets to efficiently find numerous validators via Project Pi’s marketplace but also enhance the appeal of validators to subnet projects, which offer additional incentives for their participation. This two-way benefit streamlines operations and fosters a robust support system for both validators and subnets.

• Increased Decentralization and Security: By enabling more participants to become validators, Pi Pools enhance the decentralization and security of the PulseChain network, contributing to its overall resilience and integrity.